38 Russell Parker Crescent, Aurora, ON

Rural Aurora, Aurora · MLS® N13602504

$1,588,000
For Sale
Listed 87 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome To 38 Russell Parker Crescent, An Extensively Upgraded Executive Residence In The Coveted Rural Aurora Community.
  • Offering Approximately 2,500-3,000 Sq.
  • Above Grade Plus A Spacious Finished Basement, This Impressive 4-Bedroom, 4-Bathroom Home Delivers A Refined Blend Of Contemporary Elegance, Generous Proportions And...
  • The Spectacular Main Floor Showcases 9-Ft Ceilings And A Remarkably Open Layout With Uninterrupted Front-To-Back Sightlines, Creating An Exceptional Sense Of Light...
  • The Finished Basement Extends The Home's Living Space And Offers Outstanding Flexibility For Recreation, Entertaining, Fitness, Working From Home Or Overnight Guests.

Welcome To 38 Russell Parker Crescent, An Extensively Upgraded Executive Residence In The Coveted Rural Aurora Community. Offering Approximately 2,500-3,000 Sq. Ft. Above Grade Plus A Spacious Finished Basement, This Impressive 4-Bedroom, 4-Bathroom Home Delivers A Refined Blend Of Contemporary Elegance, Generous Proportions And Effortless Family Living. The Spectacular Main Floor Showcases 9-Ft Ceilings And A Remarkably Open Layout With Uninterrupted Front-To-Back Sightlines, Creating An Exceptional Sense Of Light, Space And Architectural Flow. Elegant Light-Toned Flooring, Crown Moulding, Extensive Pot Lighting, Contemporary Window Coverings And A Beautiful Oak Staircase With Contrasting Iron Pickets Elevate The Sophisticated Interior. Expansive Living And Dining Areas Provide An Impressive Setting For Everyday Living And Elegant Entertaining. The Well-Appointed Kitchen Features Quartz Countertops, A Coordinating Backsplash, Generous Cabinetry And A Bright Breakfast Area. Upstairs, 9-Ft Ceilings Continue Throughout Four Generously Proportioned Bedrooms. The Serene Primary Retreat Is Enhanced By A Dramatic Elevated Ceiling, Creating An Added Sense Of Volume And Luxury, And Features A Walk-In Closet And 5-Piece Ensuite. The Second Bedroom Enjoys Its Own Private Ensuite, While A Convenient Second-Floor Laundry Room Adds Comfort And Everyday Functionality. The Finished Basement Extends The Home's Living Space And Offers Outstanding Flexibility For Recreation, Entertaining, Fitness, Working From Home Or Overnight Guests. An Attractive Brick Exterior, Covered Front Entrance, Double-Door Entry, Built-In Double Garage And Parking For Up To Six Vehicles Complete This Exceptional Property. Ideally Located Near Parks, Trails, Shopping, Dining, Recreation And Major Commuter Routes. A Distinguished, Move-In-Ready Residence Where Thoughtful Design, Modern Comfort And Timeless Style Come Together Beautifully.

Key facts

Property type
Detached, 2-Storey
MLS®
N13602504
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
38.12 × 91.15 ft
Cross streets
Leslie St./St. John's Sideroad
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$7,551 / 2026
Days on market
87
Listing brokerage
SKYLETTE MARKETING REALTY INC.

Rooms

BreakfastMain2.85 × 4.51 m

ceramic floor · pot lights · quartz counter

Living RoomMain3.59 × 7.13 m

hardwood floor · pot lights · 2 way fireplace

Powder RoomBasement0.00 × 0.00 m

3 Pc Bath

Bedroom 3Second3.53 × 3.96 m

broadloom · 4 pc bath · walk-in closet(s)

Dining RoomMain3.59 × 7.13 m

hardwood floor · pot lights · 2 way fireplace

Primary BedroomSecond4.81 × 4.57 m

broadloom · 5 pc ensuite · walk-in closet(s)

Great RoomBasement0.00 × 0.00 m
Bedroom 4Second3.04 × 3.96 m

broadloom · 4 pc bath · closet

KitchenMain2.43 × 4.51 m

ceramic floor · pot lights · quartz counter

Family RoomMain3.65 × 6.03 m

hardwood floor · pot lights · 2 way fireplace

Bedroom 2Second3.66 × 3.66 m

broadloom · 4 pc ensuite · walk-in closet(s)

Exercise RoomBasement0.00 × 0.00 m
OtherSecond0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.55Mlikely sale price

Listed at $1,588,000. Going by how homes in Rural Aurora and the wider GTA have actually closed against their asking prices (about 98%, 10 local closings in 90 days), the likely sale price is near $1.55M, if it sells. A realistic range is $1.45M to $1.75M.

Independent value check: $1.45M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.36M and $1.52M).

Why $1.45M. The typical detached home sold in Rural Aurora over the past year went for about $1.59M (59 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $7,551 a year; the typical home sold here pays about $8,200.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 87 days on the market against about 32 for homes like it here, and asking 10% above where comparable closings put it.

List price
$1.45MBelow recent closings$1.75MAbove recent closings

Total price vs nearby homes. Likely closing about $1.55M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.80Mmedian sold price
98%of asking, on average
+5%prices vs a year ago
~31 dayshomes like this take to sell
87days on market so far
$4,452/moest. rent · 54 leases
3.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 5 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $577/sqft against an area asking average of $608/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.52M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($577/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Rural Aurora, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Rural Aurora over the past two years, from 92 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Aurora · asking prices
$1.47Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $591/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.59MThis home1.59M1.49M1.50M1.30MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Aurora: $1.24M in September 2026, down 5% from a year ago, on 383 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Aurora as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.30M43
November 2025$1.54M27
December 2025$1.37M23
January 2026$1.41M17
February 2026$1.39M25
March 2026$1.37M30
April 2026$1.32M32
May 2026$1.43M43
June 2026$1.30M51
July 2026$1.46M37
August 2026$1.36M22
September 2026$1.24M33

Neighbourhood & location

Rural Aurora, Aurora, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Northeast
$2.15M
Bayview Wellington
$1.16M
Aurora Village
$1.74M
Hills of St Andrew
$2.18M
Aurora Heights
$1.08M

Typical asking price of active listings of the same type, per area (outliers removed). Aurora.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,238/mo
$299KIncome needed
5.3×Price ÷ income
$1,670Weekly cost
$28,235Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $7,238Property tax $629Total carry $7,867

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,024per month

Mortgage amount $1,270,400 · 4.49% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,654Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,024
Property tax
$629
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,654

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$28,235
Estimated closing costs
$28,235

Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,502/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$836,878Total interest paid
$2,107,278Total of all payments
Principal $1,270,400 Interest $836,878
YearPrincipalInterestBalance
1$28,350$55,941$1,242,050
2$29,637$54,654$1,212,413
3$30,983$53,308$1,181,430
4$32,390$51,902$1,149,041
5$33,860$50,431$1,115,181
6$35,398$48,894$1,079,783
7$37,005$47,286$1,042,778
8$38,685$45,606$1,004,094
9$40,441$43,850$963,652
10$42,277$42,014$921,375
11$44,197$40,094$877,178
12$46,204$38,087$830,974
13$48,302$35,989$782,672
14$50,495$33,796$732,178
15$52,787$31,504$679,390
16$55,184$29,107$624,206
17$57,690$26,601$566,516
18$60,309$23,982$506,207
19$63,047$21,244$443,160
20$65,910$18,381$377,250
21$68,903$15,389$308,347
22$72,031$12,260$236,317
23$75,301$8,990$161,015
24$78,720$5,571$82,295
25$82,295$1,996$0

At the end of your 5-year term

Total paid over the term
$421,456
Principal paid down
$155,219
Interest paid
$266,236
Balance remaining
$1,115,181

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 54 whole-home leases in Rural Aurora$4,452/mo
$53,424Gross annual rent
2.4%Cap rate after taxes and upkeep
$4,142 to $4,675Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 54 whole-home leases in Rural Aurora signed at a median of $4,431 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,452. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.4%
Gross yield
− Property tax $7,551− Insurance $1,400− Vacancy & upkeep $5,877Net operating income $38,596

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYLETTE MARKETING REALTY INC.. MLS®/PropTx.

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